KOBAY TECHNOLOGY BERHAD
Malaysia | 6971.KL | Main
Reference
Report Year: 2024
Source Files: Kobay_Annual_Report_2024.md
Sustainability Committee
Sustainability Committee (Unknown pax) 🟢
- Led by CEO 🟢
- Board Delegated 🟢
Reporting
Integrated Report →
GHG Accounting
Kobay Technology Berhad's 2024 sustainability report lacks detailed GHG accounting. There is no data on Scope 1, 2, or 3 emissions, base year, boundary, or inventory. Additionally, no information is provided on GWP basis, standards (e.g., GHG Protocol), data collection methods, or third-party verification. While the report mentions climate change and decarbonization as material matters, it fails to quantify emissions or reduction efforts. A key improvement area is to establish a comprehensive GHG inventory with absolute emission figures and pursue third-party verification to enhance credibility. Adopting recognized frameworks like GHG Protocol could provide structure to their environmental reporting.
Emissions
| Scope | Value | Note |
|---|---|---|
| Scope1 | Not reported ⚠️ | No data on Scope 1 emissions provided ⚠️ |
| Scope2 | Not reported ⚠️ | No data on Scope 2 emissions provided ⚠️ |
| Scope3 | Not reported ⚠️ | No data on Scope 3 emissions provided ⚠️ |
| Biogenic emissions | Not applicable → | No biomass or biofuel usage reported. |
Other Details
- Base year: Not reported ⚠️
- Boundary inventory: Not reported ⚠️
- Gwp basis: Not reported ⚠️
- Standard: Not reported ⚠️
- Carbon intensity: Not reported ⚠️
Efforts
- Not reported ⚠️
- 4Rs Strategy 🟢
- Green Investment 🌞
- Not reported ⚠️
Social Highlights
- Employee Management 🥗
- Diversity & Inclusion 🟢
- Community Investment 🥗
- Limited data available ⚠️ (Insufficient quantifiable social impact data ⚠️)
- Limited data available ⚠️ (Insufficient quantifiable social impact data ⚠️)
Governance
- Salary disclosure: Can’t find ⚠️
- Litigation: Can’t find ⚠️
Report Quality
Kobay Technology Berhad's 2024 Sustainability Report provides a foundation for sustainability disclosure with an integrated approach, highlighting material matters across economic, environmental, and social dimensions 🟢. The presence of an Executive Committee (EXCO) led by the CEO to drive sustainability initiatives is commendable. However, the report lacks quantifiable actions and measurable outcomes, particularly in GHG emissions and specific social impact metrics ⚠️. Generic statements like 'striving for sustainable growth' are noted, but they are not supported by concrete data or evidence. Forward-looking commitments, such as a five-year master plan, are mentioned, but specific targets (e.g., net-zero goals) are absent. To improve, Kobay should incorporate third-party verification, adopt recognized reporting frameworks like GRI, and provide detailed metrics on emissions and social initiatives. This would enhance credibility and transparency for stakeholders.
Tags:
Looking for ESG Strategy & Improvement?
Disclaimer:
This is AI model generated summary based on certain rules set by Sustify.world perspective. If the reader finds the information is incorrect, they can always approach us by sending email admin@sustify.world.
Need Expert help?
Contact us TODAY for sustainability strategy, reporting, and outsourcing services.